Involving a third party vendor or supplier or client’s relationships to grow your business can also bring you the risk in terms of regulatory compliance’s, quality, security, operational and safety issues.
Failing to choose the right third party vendor will not only affect your business but also your reputation.
The Supplier Assessment Report helps you monitor your key suppliers on a regular basis. This is reasonable and sound housekeeping. Production capacity, clients, references and market positioning are some of the additional topics in addition of Credit & Status Report/Business Information Report included in the SUPPLIER ASSESSMENT REPORT.
Why a background check is required for Vendor due-diligence ?Selection of a prospective vendor with proper Vendor screening process is very necessary for the organisations to keep their information and data protected from unauthorised disclosures and also to identify the risks or compliance violation that they could bring to the organisation. In order to meet these objectives, we provide an accurate and perfect due diligence of vendors and third-party suppliers ensuring the opportunities, issues, risks are clearly captured and the correct steps are taken.
“I cannot allow a supplier to play with the future of my company by drying my inflows because their bank stop their financing.”
Some elements of your production chain can be critical to your business. Its capability to consistently deliver on time depends upon its financial and commercial conditions. Cash flow pressure may impact the quality, the speed and the support this supplier can provide. Therefore, your quality of products and your time to market can be negatively impacted.
The Supplier Assessment Report helps you monitor your key suppliers on a regular basis. This is reasonable and sound housekeeping. Production capacity, clients, references and market positioning are some of the additional topics in addition of Credit & Status Report/Business Information Report included in the SUPPLIER ASSESSMENT REPORT.
The reputational review aims to provide third party authentication services to those clients which are involve in the high-risk business. Our team of experienced professionals keeps a track of the public profile of the vendors to provide accurate information about the clients.
Mira Inform provide the visits to their work sites to ensure that the vendors are authentic and meanwhile also provide a full guarantee to the clients.